WARANGAL SATURDAY OCTOBER 10, 2020 `7.00 PAGES 12 CITY EDITION TRUMP SLAPS ANTI-DUMPING DUTY ON INDIA; CHINA SPARED The Donald Trump administration on Friday imposed steep new tariffs on $2 bn in aluminium imports from 18 countries 353% TARIFF FOR GERMANY, 48% FOR INDIA LEVY COLLECTION TO START IMMEDIATELY Germany and Brazil face the steepest tariffs of close to 353% and 137%, respectively. India faces up to 48% tariff. US Commerce Secretary Wilbur Ross said China is not on the list. “What’s really been happening is Chinese excess capacity has been dumped into other markets. That, in turn, displaces production which gets dumped here,” he explained ■ ■ The US will immediately begin collecting the tariffs from importers, the Commerce Department said “Most countries impacted by the pandemic are becoming more protectionist and are trying to shut out imports on one pretext or the other,” said Biswajit Dhar, economics professor at JNU | P9 $123 bn VALUE OF COMMON ALLOY ALUMINIUM SHEET INDIA EXPORTED TO U.S. IN 2019 CHENNAI ■ MADURAI ■ VIJAYAWADA ■ BENGALURU ■ KOCHI ■ HYDERABAD ■ VISAKHAPATNAM ■ COIMBATORE ■ KOZHIKODE ■ THIRUVANANTHAPURAM ■ BELAGAVI ■ BHUBANESWAR ■ SHIVAMOGGA ■ MANGALURU ■ TIRUPATI ■ TIRUCHY ■ TIRUNELVELI ■ SAMBALPUR ■ HUBBALLI ■ DHARMAPURI ■ KOTTAYAM ■ KANNUR ■ VILLUPURAM ■ KOLLAM ■ WARANGAL ■ TADEPALLIGUDEM ■ NAGAPATTINAM ■ THRISSUR ■ KALABURAGI Chargesheet filed against 8 activists over Maoist links FY21 contraction 9.5%, possible economic revival next year: RBI EXPRESS NEWS SERVICE @ Mumbai/New Delhi GDP growth in FY22 projected at 10%, but second Covid wave could dampen forecast S U N I T H A N AT T I THE Reserve Bank of India (RBI) is done punching numbers. Its official read on the economy — the first since the coronavirus outbreak — shows India’s real GDP growth to first contract 9.5% in FY21, but rebound to score a perfect 10% in FY22. But as uncertainty of the virus spread continues to fog the outlook, all forecasts are pretty much down to the wire. According to RBI Governor Shaktikanta Das, the disastorous phase is behind us. Meaning, the sudden and steep contraction like 23.9% seen in Q1 is over and growth rates will regain their model behaviour hereon. The central bank’s projections pursued three scenarios — benign, baseline, and adverse. Taken together, GDP could contract 7.5-11.5% in FY21, but rebound by 7.2-11.6% in FY22. The big cheese is, regardless of the scenario, growth is bound to recover in 2021, though much will depend on investments, consumer spending, monsoon, exports, global growth, and of course some good luck and fortune. All this is subject to avoiding a second wave of infections, and it’s unclear if RBI modelled such a scenario where the ‘deathly grip of the virus’ invokes future lockdowns or delays re-opening of the economy. In Q2, growth may shrink RBI has kept key interest rates unchanged. The sixmember Monetary Policy Committee, with three newly inducted external members, voted unanimously to retain the benchmark repurchase or repo rate at 4% while keeping its policy stance accommodative, implying it could ease again 9.8%, followed by an even modest 5.6% contraction in Q3 and eventually recover to 0.5% in Q4. If everything goes by the script, real GDP growth in Q1 of FY22 will be an unprecedented 20.6%. Notwithstanding the overwhelming evidence pointing to recovery, the question on the pace of reboud remains. Will it be a V U, , W, L or K-shaped? Das believes it could be a 3-speed recovery First . layer includes sectors opening up early like agriculture and allied activities, FMCG goods and auto to an extent. Second includes those where activity is normalising gradually followed by third comprising ‘slog overs,’ or those entities severly affected by social distancing norms. With agriculture outlook remaining robust, it’s expected to boost rural demand and consumption may go up in CONTINUED ON: P10 Q3. Lalu gets bail, but to stay in jail Ranchi: The Jharkhand HC granted bail to RJD chief Lalu Prasad in a fodder scam case, saying he has served half of his five-year sentence. But will remain in jail as he is serving time in another case | P8 Mumbai: The Mumbai Police have directed Republic TV’s CFO Shiva Sundaram, founderchairman of Madison World Sam Balsara and operational head of Lowe Lintas Shishir Sinha to appear before it in connection with the TRP scam | P7 A Covid patient in a PPE kit leaves a polling booth after casting his vote in the Nizamabad Local Body Constituency bypoll, the first election to be conducted in the country during the pandemic times, in Nizamabad on Friday MPC keeps key rates unchanged EXPRESS READ TRP scam: Republic TV’s CFO summoned STAYING POSITIVE World Food Programme wins Nobel Peace Prize Niamey (Niger): The UN’s World Food Program won the Nobel Peace Prize for its efforts to combat hunger in regions facing conflict and hardship at a time when the coronavirus pandemic has driven millions more people to the brink of starvation | P9 Statute all-embracing due to Hindu ethos: Bhagwat EXPRESS NEWS SERVICE @ New Delhi RSS supremo Mohan Bhagwat said on Friday that Indian Muslims are the most content in the world. “Our Constitution did not say only Hindus can stay here or others will have to accept superiority of Hindus. We created a space for them in line with the nature of our nation, which is called Hindu,” he said in an interview to a Hin- di magazine. He observed that bigotry and separatism are spread only by those whose self-interest gets affected. Speaking on religions, Bhagwat said people of all faiths have come together to protect the essence of India on a number of occasions. Stressing on the co-existence of diverse religions in India, Bhagwat wondered whether a foreign religion still existed in a country where its followers ruled in the past. IN THE DOCK COMING UP: VIP CASES IN HYD TRIAL COURTS R R A J A S H E K A R R A O @ Hyderabad PURSUANT to the recent orders by the Supreme Court and Telangana High Court, various high-profile criminal cases pending against VIPs from the two Telugu states will be coming up for hearing over the next couple of weeks in various courts in Hyderabad. There are several cases against political leaders like Andhra Pradesh Chief Minister YS Jagan Mohan Reddy, former chief minister N Chandrababu Naidu, Congress MP A Revanth Reddy and AIMIM MLA Akbaruddin Owaisi. The trial courts at Hyderabad, including the Special CBI Court and ACB Court, have listed various cases pending a g ainst both sitting and former MPs and MLAs. Among them are alleged disproportionate assets case against the Andhra Pradesh CM and various cases involving Revanth Reddy and others, in which hearing takes place o n M o n d ay. A t p r e s e n t , most of these leaders are on CONTINUED ON P5 bail. YS Jagan Mohan Reddy N Chandrababu Naidu A Revanth Reddy Akbaruddin Owaisi NEW BEGINNING Govt hosp lets hubby in as woman delivers baby U M A H E S H @ Mahabubabad AS part of its initiative to promote normal deliveries, the Mahabubabad District Hospital has started allowing husbands of pregnant woman to be present in the labour room during the delivery. The men are not only being allowed into the labour room but are also permitted to cut the umbilical cord of the newborn babies. On Thursday night, Madhavi of Chinnamupparam in Nellikuduru mandal delivered a baby girl through natu- ral birth in the presence of her husband T Satyanarayana, who later cut the umbilical cord of the newborn. The woman was admitted at 2 pm on Thursday and the baby delivered at 11 pm. While thanking the hospital staff for their support, Madhavi said: “The hospital staff motivated me to undergo nor mal delivery. They asked me to practice some exercises during pregnancy and follow other measures to stay healthy, which I adhered to. We both (baby and mother) are healthy.” CONTINUED ON P2 Satyanarayana cuts the umbilical cord of his baby girl at the Mahabubabad District Hospital on Thursday THE National Investigation Agency (NIA) on Friday filed a second supplementary chargesheet in the Bhima Koregaon-Elgar Parishad case against eight persons, including 83-year-old Jesuit priest Father Stan Swamy, who was arrested Thursday evening. The 10,000-page chargesheet filed in a Mumbai court also names Delhi University associate professor Hany Babu, Goa Institute of Management professor Anand Teltumbde, activists Gautam Navlakha and Milind Teltumbde and members of cultural group Kabir Kala Manch — Jyoti Jagtap, Sagar Gorkhe and Ramesh Gaichor. All eight activists have been charged with waging war against the country, conspiring with other accused to further the Maoist ideology, encouraging lawless activities and criminal conspiracy under various sections of the Indian Penal Code and the Unlawful Activities (Prevention) Act. Barring Milind Teltumbde, who is absconding, all other accused are in jail. Stan Swamy, the 16th person to be arrested in the case, was remanded in judicial custody till October 23 by a special NIA court in Mumbai on Friday. He will be in Taloja jail in Maharashtra along with the other accused. Terming the CPI (Maoist) a terror outfit, the chargesheet said the eight accused “abetted violence, brought into hatred and incited disaffection towards the government established by law and promoted enmity between different groups on grounds of religion, caste and community”. It further said that a “systematic network of Maoists” was operating for “supply of arms and ammunition... to carry out urban revolution”. Their funding activities also came to the fore, the chargesheet said. Navlakha, according to the NIA, was in touch with Pakistan’s spy agency ISI. He was allegedly mobilising intellectuals against the Union government and was also recruiting people for the CPI-Maoist. Temple priest burnt alive in Rajasthan R A J E S H A S N A N I @ Jaipur A priest in Rajasthan’s Karauli district died after being set afire by a group of six men over a land dispute, giving the BJP, which is under fire over the Hathras gang-rape and murder in Uttar Pradesh, a handle to attack the Congress. Before he died, priest Babu Lal Vaishnav told the police the culprits doused him in petrol and set him ablaze. The incident took place at Bunka villa g e in Sapotra on Wednesday The priest was . rushed to Jaipur’s SMS Hospital where he died on Thursday night. A case of murder has been registered and the main accused, Kailash Meena, has been arrested. T he police said the priest had about 15 bighas belonging to the Radha Krishna Temple Trust in the village that was given to him for livelihood. A dispute arose as Vaishnav wanted to build a house on a plot close to his land, but the accused claimed they owned the land and the village elders ruled in priest’s CONTINUED ON P8 favour.
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